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  • August 2022
    Gasoline Prices to Rise to $5 by...

    President Biden is depleting the U.S. Strategic Petroleum Reserve (SPR), which is currently at its lowest level in 37 years. On July...

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  • August 2022
    Americans Can Expect Higher Gasoline and Diesel...

    Goldman Sachs expects gasoline prices to reach $4.35 a gallon by the end of the year—8.5 percent higher than the current national...

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  • August 2022
    Senator Manchin Thinks He Has a Deal...

    Senator Manchin said that Democratic leaders had “committed to advancing a suite of commonsense permitting reforms this fall that will ensure all...

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  • August 2022
    Demand Destruction, Recession Worries and Low China...

    U.S. gasoline demand on a 4-week average basis fell below 2020 pandemic levels based on Energy Information Administration data for product supplied...

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  • August 2022
    The Boom in U.S. Oil Production Since...

    The White House recently boasted that draining the Strategic Petroleum Reserve (and SPRs from other countries) saved Americans about 40 cents a...

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  • July 2022
    Manchin and Schumer’s “Inflation Reduction Act of...

    Senator Joe Manchin, in a 180-degree about-face, agreed on a slimmed-down version of President Joe Biden’s Build Back Better bill that will...

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